Alternative reinsurance capital

The California Earthquake Authority’s (CEA) reinsurance program limit continued to grow through the first four months of 2026, to end April at just over $8.2 billion, with catastrophe bonds at the time providing $2.875 billion of that.

RenaissanceRe Capital Partners, the specialist division of the reinsurer, lifted its third-party investor capital managed across joint-venture reinsurance and insurance-linked securities strategies by around 7% over the last year, to end March 2026 with $8.46 billion of assets under management.

As alternative capital continues to grow, it’s currently estimated share of 20% of the global re/insurance industry is largely an underestimation, according to Guy Carpenter’s Laurent Rousseau, who argues that current market conditions would suggest that it will increase further before it stabilises or shrinks.

Swiss Re has appointed long-standing senior employee Martin Zingg as the new head of its Alternative Capital Partners (ACP) division, as incumbent to the role Chris Minter is set to retire from the global reinsurance company.

Here are the ten most popular news articles, week ending May 31st 2026, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

Aspen Capital Markets, the third-party, ILS and alternative reinsurance capital management unit that now falls under Sompo after its acquisition of the re/insurer, reported another increase in fee income generated from its work with third-party capital partners in the first-quarter of 2026.

Paul Barker, Partner and Chief Investment Officer, Private ILS at alternative investment manager Elementum Advisors, LLC, explores how the specialist insurance-linked securities (ILS) manager positions itself within a competitive landscape, and how its approach has adapted amid an increasingly sophisticated investor base.

Having sold out of our initial allocation of Super Early Bird tickets faster than anticipated we added more, so there is still time to register for our next catastrophe bond and insurance-linked securities (ILS) market conference, Artemis London 2026, at the best possible price. Register to attend here.

Gálapagos Capital Sociedade Seguradora de Propósito Específico S.A., the Brazil based SSPE or special purpose reinsurance vehicle that can issue Letra de Risco de Seguro (Insurance Risk Letters) and is owned by global investment company Galapagos Capital, has completed issuance of the largest transaction under Brazil’s insurance-linked securities regime so far.

RenaissanceRe Group Chief Underwriting Officer (CUO) David Marra highlighted during the firm’s Q1 2026 earnings call, that new demand for reinsurance protection ahead of the key mid-year renewals was trending higher than the company initially projected at the January 1st renewals.